FOMO HOUR 176 - ETH LEADS THE CHARGE - podcast episode cover

FOMO HOUR 176 - ETH LEADS THE CHARGE

Aug 09, 202457 minSeason 4Ep. 176
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Episode description

BTC ETFs: +$195m, ETH ETFs: -$3m. ETH leads gains in majors, ETHE outflows slowing. Putin signs crypto mining bill. Tether mints another $250m on SOL. Tether plans to double staff to improve compliance. Turkey sees surge in exchange applications. SEC plans to appeal XRP ruling. Franklin Templeton launches fund on ARB. SUI leads altcoins after Grayscale fund announced. TIA rises 20%, will launch mainnet in September. STX will launch final Nakamoto Code this month. Coinbase questions CFTC prediction market rules.

Transcript

What up? Good morning. Good morning, GMG. Yeah. Oh, yeah. Oh, yeah. August 9th already. 2020. Look at that. Another beautiful day to have A beautiful day. I got my coast in the house. Tyler. Tyler did it, Tyler does it, Tyler is doing it. How you doing today? Great. It's a beautiful summer Friday here feels like fall actually.

It's like 70 little cool. You see folks out in in hoodies on the sidewalks, kind of ready for fall, not ready for these Olympics. This has been a a really fun Olympics. I so every night I take a quick VPN trip to United States of America. I go on the NBC Sports YouTube channel and I watch all the best of the day, like every sport. I love the Olympics. I've, I, I love it. I don't care if people want to say controversial this or that. I just love watching sports.

I I love watching that and you know what? I've been motivated as fuck to go running or like lifting and stuff. Do you feel the same when you watch the Olympics like you want to like do better? Yeah, I was actually at the the gym running on the treadmill when like one of the women's 1500 meter races was happening. Like I kind of I got to pick up the pace. Like these women are like, quite literally like lapping me.

What is it? McLaughlin Is everything McLaughlin. The woman who ran last night? Yeah. She won the 400 meters hurdles and she broke world record, her own world record. By talk about dominance like that was it's incredible watching someone just be that far ahead of the rest of the best competitors in the world. It's like out of the best on earth, she's way better than the best on earth.

Like that is absolutely wild. I I do wish Noor allows would have won that 200 meters, but for someone with COVID, he actually came like inches away from 2nd place, right? It was like the first, second and third place were like this close. Yeah, looked like he kind of almost lost at the end, it seemed like. It looked like he just totally ran out of gas, which like, in hindsight, I mean, good thing he he eked out that 100 meters if

you're a Lyles fan. Because I mean, if folks remember if that was the closest finish, perhaps like of all time and had he been, you know, a fraction of a second slower there. Like this is a very disappointing Olympics. But hey, he's got the gold and still a bronze. So I think it's still a good outcome for him. Yeah, America. Talk about, you know, talk about dominance. I mean these American athletes, dude.

He showed up this year. He showed up this year and a lot of the top athletes also in some other Western countries are like, I found out, like actually also just study abroad, like in the States, like Marchand, you know, the Leon Marchand, the French swimmer that broke every record. He's actually NCAA athlete and he's being treated by Michael Thaps's coach. Well that's the thing, even a lot of the the best from other countries are are still in like

US colleges. OK, OK, Don't don't OK, I gave you that one. Here, here goes. Here goes the Americans, typical American behavior. You gave him, you gave him a hand, you know, And they say it's all that was on me, but a. Friendly rivalry the the Olympic basketball final. France. Oh, France in the US. Yo, listen, I'm going to have to bet on France just because you know, though, you guys are probably going to cook us, but you came close yesterday. Was close, they were two to one underdogs.

US was live was like plus 190 to win that game. I mean, they were down, what, 15? I was. I always saw highlights so I don't know the exacts of how it went down but. They were down like eight points in the third quarter or something at some point. Yeah, bro, it was, it was fucking crazy. But dude, you know what it is? I saw this video of I think it's Jokic and he was playing like really good, but he taunted Carmelo Anthony on the on the side bench and. I saw the video.

Yeah, and then Bron was like, what did you say? What? Carmelo's Lebron's boy. Yeah, he literally went because he did the thing like there the three fingers like taunting him. And then LeBron was like what? What did you say? And and then fucking like destroyed him. Like I think LeBron single handedly won Q4. Yeah, him. And like Steph was lights out, dude. It's fun watching these guys play together. Don't you want Stephen Braun on the same team, bro?

Like, yeah. He's one of my favorite players ever. Like that American, like I'm not even the NBA, like I don't watch NBA, but I do appreciate the sport a lot and the personalities in it. Like and I was like, dude, that was that's like a dream team like that, that U.S. team is that U.S. team is fucking sick. How are you even looking at the Olympics medal ranking? Like what is it, Olympics? Like the US actually dips, they were like 100% to get the most golds and now it's back down to

86% because China is is firing. I don't know if this isn't something like the alt events. Or equal. Well, China's been cooking like everything that's like social swimming. They're they're neck and neck with the, with the US. The world record holder is actually Chinese. So they're neck and neck with, with the US there. They've been cooking like the, the ping pong, the badminton. There was an insane final last week, which was China versus Taipei, China and the double S

men's badminton. I believe it was men's only or if it was mixed. And then Taipei, China won and it was like super crazy. Do you think there's a lot of politics stuff in the Olympics? Because historically during the world, like, you know, World War era, like right before, like was it Germany in 1936 or something like that was mad political, you know? Yeah, it it, it comes and goes, you know, depending on where, where things are at in the world

for sure. Yesterday the 3rd place rock climbing event was Iran versus USA and and the US guy set a world record but he was still fighting for bronze sadly and he actually set another world record in that bronze spot. You should watch it, it was crazy these. Rock climbers are wild. I don't know how they how they

move their bodies like that. Yeah, and, and it was wild, but you could see like, like the Iranian guy wasn't really dealt with the American. Like it was like, it was like the American guy was like hella sportsmanship. Like it was like, you know, like it was like, hey, yo, bro, you know what's up? Maybe it was just focused. But when the Iranian guy lost, the American came to him and was like, yo, like, you know, well played. The guy was like, yeah, yeah, yeah, yeah.

Like go fuck yourself, brother. I was like, oh shit. Oh, shit. Anyways, what's on? I mean, we have France, Spain in the finals, baby for for gold medal soccer, football. You're not working with France. And we're in the NBA. NBA world champion of what? Yes, I love that clip by the way. I feel like now The thing is if America beats France they probably will. That campaign and the social media doesn't be hilarious right? Because now AUSA team can officially say they're world

champion, right? Like of the Olympics. Yes, you're right, I hadn't thought about that. Right. So like, I bet you KD is going to go on the Twitter rampage. Like, yeah, world champion mother fucker, he's been going at it. I don't know if you saw KD on the timeline this morning. Oh, I missed that. Dude he's like rage quote tweeting something. He's so angry online. Right. For a guy he's had that much

success does. He have one of the most iconic like moments online when he forgot to get on his burner. And he like, Oh yeah, I kind of forget the details about it. I remember what you were talking about. Yeah, that was funny. Damn it. I can't post a FOMO hour stream. I'm just used to letters I have access to. I I can't post a fucking stream anyway, so another show today, today Market report as usual. So Mendel's going to be joining us shortly, Yada, yada, yada.

Let's see what's going on. Nice pump yesterday on the markets and now whoa, we're we're nearing back $61,000 on Bitcoin. You absolutely love to see it. So that felt good. Tyler's top 100. I mean, Tyler, we're probably going to have to start with rugged the Republic. You know, it's, it's we're talking about on the show yesterday. So this is everybody knew what was going on and everything just went, I don't know opposite is expected or as expected, but it

went down South very, very fast. The token going from $150 million to 0 in minutes, leaving a lot of people's, you know, losing a lot of money, which really sucked and you absolutely hate to see it then, you know, Donnie Junior talking about it back, back and forth last night. So anyways, so there's that. And then last but not least, of course, I'm assuming we have a agreed disagreed tweet today. So I'm sure we'll talk about that. And then Robot spins.

Robot spins will pick two people from the audience. So make sure that you were tweeting the space. Make sure you're following all of us, especially robot, and you make an account with them because without Robot, this ain't happening. They've been sponsoring us since February. So I absolutely love to see it. And without further ado, without further ado, I mean, we're probably gonna have to start with Tyler here.

Let's get right. Yeah, I'll, I'll start us off with a quick market report without Mando here. So crypto major's very green here this morning. And guess what? Surprise, ETH. ETH is leading the way. Don't get to say that too much these days. Bitcoin up 6% on the day, 60,800. ETH up eight percent, 2630. Seoul up just to tick up 1% at 1:56. We did see the Bitcoin ETF with $200 million in ETF inflows yesterday. That's the second biggest day in about 3 weeks. I think ETH was slightly

outflows on the day. Stocks look to be opening a touchdown today. So red on the board, but not nothing too severe. Meme coin majors are green this morning about four to 10%. Dodge up 4%, Pepe up 9%, WHIP up 9%, MOG up 12%. Andy on Blast is outperforming a bit. Suey soared 30% yesterday. This is one of the leading tokens on the board, seemingly after being touted by Raul, Paul and others as the next Solana like L1 with potential to take off.

Interestingly, I saw several big accounts tweeting Sui on the same day who hadn't who I hadn't heard anyone talk about for for weeks. I thought that was interesting. That's called a paid partnership. It's fine. I like it. We do it, yeah. What's up? It worked. Let's talk about. Your shit in a minute man, though don't don't take. Care so we so we got a grayscale trust. Yes. Oh wow, is that is that what was driving? I missed that. Yeah, they got a grayscale trust.

Well, that that certainly makes sense. And then we saw Clayo calling for Bitcoin dominance to have peaked all season soon. So we'll we'll see if if his call is correct. In other news, just quickly run through this and then maybe we can throw it back. Domano customers bank hit with an enforcement action from the FRB related to its digital asset business. Many pointing to Dems continuing their operation choke point, though I I personally disagree with that.

Franklin Templeton, they launched their tokenized treasury front on Arbitrum's shout out to Arbitrum. That fund returned 55 point 2.4% so far this year. Not bad. And then we saw another prediction market. Vega, a blockchain index backed by Coinbase Ventures, added prediction markets to their decks app in memes. Pump Fund introduced new two new chains just making coin creation free, giving creators 0.5 salt if their coin reaches the bonding curve.

So some some new twist there and then RUG RTR rugged the Republic. The launch turned into a debacle as the Trump family denied ties. We saw Kampai pandas take about 40% in the fallout. Perhaps related perhaps not related. Kamala flipping Trump on Polymarket as well in In the Aftermath.

Honestly at this stage bro, if the fucking Trump kids still do do this, I haven't agreed disagreed tweet with you Lucy Johnson yesterday saying that saying that Hunter Biden looks like an Angel next to the Trump children. At this stage I agree or disagree bro because holy shit man, these kooks man, they fucking, they are ruining it.

They are absolutely. I mean, I don't know if his their father actually cares about crypto or not, but he sure as hell is making it a point in the politics and we like it. But they are coming in and just like ravaging bro ravaging it, $60 million lost yesterday. How does that help the space? But they love these. If you're looking at it from a crypto lens, you have to agree, right? Like from a crypto? Biden didn't take any money away from. It Yeah, yeah, yeah.

Hunter Biden actually birthed one of the greatest meme corns of the space, which was fucking mog at the at first. It was a Hunter Biden coin when the first core created, you know, Yeah. So this stuff is crazy. I mean, we we should start there. Then we'll do a market report with Mando because we went through it yesterday. And then we'll go through your your top 100 because a lot of exciting things happen in the space right now and you absolutely love to see it.

But I mean, where do we start? Where do where do we even start with this with this with this RTR story, because I know we were covering it yesterday. I did say that I would cut my Dick off if this billion dollar doesn't happen. I do want to mention I'm already circumcised. So I did it once. I didn't I didn't precise if I was going to do it again or if I had already done it. So got your ass. But but anyways. Yeah, I mean, I can kind of tell the timeline, at least from my

perspective. And then you want to hear Mandos? My perspective, like learning about it on the timeline, I want to say like around between 8:00 and 9:00 AM central yesterday, we see some, some of the standard like Kols, they start shilling it. Interestingly, a few like whiz, we're teeing it up as like the like, we know this is fake, but it's probably going to run anyways. There's huge liquidity on this.

And then it seemed like the vibe start to shift like, hey, this actually might be the real Trump coin reel being tied to the Trump brothers in some fashion. Saw it pumped to 100 million. I think it hit 100 million on our show yesterday. Of course, we were talking about it. We did our predictions, all of that. This thing continues to go viral.

Then totally. I actually didn't see this, but I saw all the screenshots, totally retweeted a post from Ryan Fournier. So he effectively endorses a strong word, but he at least amplified the message so that this coin is going about as viral as possible. I think it's like 140 million at at the peak. More and more signs pointing to this being the real Trump coin. But no, no tweets from the team while this is playing out.

Some sleuths have determined this is launched by the Camp I team, or at least it seems like their their fingerprint is on this. But you know, folks like myself interpreting that, well, the Trump's are likely going to need help launching this coin. That's actually not a huge surprise. So that the Camp I team perhaps is, is is the team that helped them losses. OK, Well then I think this is around 1:30 central, maybe 2:30 Eastern. Eric Trump comes out, denies any

ties to the token. Token takes about 9095%. Basically in a single candle. We saw ice bags say he's devastated. Some KOL start deleting tweets. Some screenshots start appearing like showing that the token had been shared in Insider chats camp. I start selling off and then Fast forward to the evening Ice bags tweets redemption single word that the token briefly pumps back over 35,000,000. It's been immediately sold off.

Don Junior does a stream saying he he likes the crypto guys but what he's building is something bigger. And then sluice now see again, someone had bought 1800 souls worth of the token one minute before ice bags redemption tweet and then sold the pump. So not great. Not a great story here this morning. One question, do you guys know how to set up a fucking display keyboard? Man I am going crazy right now. I can't search anything on the show, I can't share my screen,

ASDF and space balls are shut. I'm about to smash the keyboard right on this fucking camera right now. Someone help me. Is there such a thing as a display keyboard? This thing is driving me insane. I may break it on here. I may break it on here. Anyways, go to start select settings. All right, I'll figure it out. But anyways, that's a great timeline. Tyler. I I, I would share my screen, but it's a little tough right

now. So on the back of that last night they said there was going to be a redemption. Seems like, you know, some people bought pre redemption tweet and then and then it got so I think at least that's what Paul the United's seemingly was was was pointing out. I mean, Mandolia, you didn't use your boys. You didn't use your boys graphic this morning that he had created in honor of yesterday. He didn't know. He didn't use yesterday's. It was a little, it was a lot.

He he was on fire. My man was fighting. Bo Leonidas. Yeah, Bo Leo was fighting through art, dude. Dude was like going at it. This one. Scampi. So he but he did this whole scampi I. Did I did the one I did zero days. Zero days that. Was a good. One this one low T with Donnie Junior. Then he did this one, then this one achievement unlock 5G killing spree and then zero days since extraction. That one I did was for today's. That one was great.

The the TG spaces yesterday was absolutely euphoric and madness as you can all imagine was crazy Tyler, I mean the time the answer was was wild man. What do you think happened? What what what is your read on on this? Well, I, I'd heard for, I mean, he'd been tweeting about him doing a token for for days. And then it's the morning I heard, holy shit, there's going to be a token.

There's going to be a token. But to be clear, this was put in a chat seemingly with like 1000 investors in the Kang Pai. That's what Wizard. That's what Wizard leaked, right? Yeah. So like it was clear that probably multiple thousands of people knew that there was going to be some form of a Trump token. I got I got shown the token or got sent the token when it was about $27 million. I managed to buy it first time at $45 million and then my

second buy was at $70 million. So like this just like moved and clearly people knew it was coming like straight away. But I think everyone thought, Oh yeah, he's going to tweet about it. And seemingly like, obviously everyone's getting the information from like somebody else because I'm not in that Kang Pi Pandas chat. But seemingly he said like he's going to tweet about it in the next 20 minutes or something like that.

And then that, except for me extended, I think what happened quite simply is just that they probably got cold feet like this. This was done where it just felt like insiders knew too many different people knew and it wasn't looking good already. You know, like there was kind of fun about it already because it kind of felt influencer and all this sort of shit when it was at 75 to 100 million and the Trump team probably were just like, yeah, probably got some advice

from people in the space. I know that that they're meant to be doing something else. But he's been, he went on that show yesterday and said this is not the thing that we're doing in crypto. We're doing something else. So like clearly he's speaking to people in crypto. We probably said to him, look, this is this looking like a pump and dump or this is looking kind of scammery. I think you should just say no and that's basically what

happened. So I think he said yes into it said he would endorse it. The execution was probably just too scammery. Too many insiders knew too much got sniped all this sort of shit. I on a personal level, I, I bought those, those two levels and then I was going to play paddle with a friend of mine in, in Portugal, old when it was about 125 million because I was like, what I actually thought would happen is he'd, he'd tweet, hey, yeah, you know, it's me.

And it would dump. I just felt like there's too many people that bought it. There's only 5000 holders and it was trading 140, forty million at one stage, which means that every holder had like an average of 30 grand. So I was like, OK, well, you know, everyone's here to like dump it on that headline. And I didn't want to have to deal with that when I was playing paddle. So I just sold it before I left. I was like, you know what?

Maybe I missed out on a 2X because we sat on the show, it could go to like 250 to 500. I was like, no, I'll leave it. And then I finished my game of paddle and it was at 8 million. And in that in that time OSF had left on like ADCA bot and it just bought like a futon and. He. Thought it would go to like a billion. He was like, if this gets announced. Yeah, but he had a DCA bot below a certain level because he, like me, thought that it will get smashed down lower as soon as he

tweets. Hey, it's me. But then it will probably go higher after that. Like it will dip and then rip he. Got left holding 5% of the total supply, so. He don't. Well, no, I think he sold it now. I I no he. Did I'm just saying because I'm saying this because he did it, that's why I'm sharing like I'm not, you know, but he he, he tweeted himself saying that he kept the DCA going and.

So yeah, I spoke to him about it and he was just like, I don't understand what happened, but I think that's clearly what it was like. Yeah, if I if I So I got sent it, but then OSF said it'd been put in one of his like group chat of people not even related to camp I pandas like 5 minutes before. That it was everywhere. When I put it, when I sent it to the group chat with like from from the Paris group chat we're in. If someone else said, oh, I had this 10 minutes ago and I was

like, oh crap. Like people have been sending this like it's the new Trump coin every clearly people knew, right? Like as soon as it came out. Oh, crazy how people call this a Trump coin when there was never even in talks that senior was going to get involved and everybody was like, yeah, it's going to be junior tweeting about it. Like what was my first reaction when you guys sent the coin? I was like, this is Trump is not

dropping a coin. Yeah, But someone says, hey, this is Trump's coin and clearly that that clearly there's a website if you go into the website right now, like they had prizes for the different levels of market cap. It was going to be, they clearly agreed, Those with Donald Trump, like Donald Trump Junior, that wasn't like we weren't. I mean, look at this, right? Like this, dude, I'm not going to play the whole thing, but it's so fun. See, please talk about RTR. Nothing to talk about, guys.

It's like it's just not it. It's not. People are asking. The problem is people associate every meme coin. Is it the Trump one? Is it that, you know, it's not the Trump thing that I'm talking about? You know, we're talking about it a very different kind of platform, something like that. And, you know, so, you know, there's a lot of guys doing great stuff. I said I, I love what that, you know, meme coins and that culture.

I I love what? Point being these guys rambling so after seeing this video I was like fuck this. Like 'cause we Know 100. Percent. Right, like we all know that yeah, like there I I I just want to put it out there like I don't think that bags would ever act with malicious intent and try to fuck people, let alone size chat putting his reputation on on the line, kind of like, you know, maybe over tweet a little bit. I mean, I think Peter knows he tweeted a little too much and that's OK.

He got euphoric, but like so did every like I had never seen Ovie get this euphoric in a while. Like Ovie was like in the group chat caps lock hold the line. I'm buying more I so we as the thing goes from 80 mil to 10 million. Tyler, you have OB in the chat going hold the line, hold. The line Oh. Gosh, and and this morning I woke up to a message that will be like apologizing to the boys. They were like, dude, don't apologize. Like everyone's like it's not you like we're grown men here.

And and but I did, but I was like, but that was funny. And it's just OB and it's like in caps. Hold the line, boys. Women's watches for everyone. I look back on my comments and all I put is the contract address and then I hadn't, I hadn't said another word. I thought you were. I thought you also got hit hard because the last time you got wiped for two million, you're completely in Zero Dark 30 for three days. You even had to leave the show. And so I texted Ovie and I was

like, yo, is Mandel alive? And he's like, yeah, he's just pitting paddle. So you motherfucker, you sent us all the CA and you didn't tell us what you sold. So if anything. I did our show, then I did the I did a Rant Noyna show yesterday actually for a TP hour and then I went to go to a paddle and by the time of it was just, it was

just completely over. Honestly, if I had been here, I reckon I would have, I would have bought that dip as well because to me I thought it was like people were freaking out and it was 100% going to happen. The the thing about this is, is that you can never launch a Trump coin without insiders doing well. Where's your cursed bro we talked about on the show yesterday? Right Tyler? We've been talking about Trump something at Trump. Maga dot ETH maga.

They are fucking cursed. Yeah, I was going to say like, how can you do this? So I think one of the, I think the biggest problem with all this is like how the insiders got access early. And I think you're, I think you're probably right, man. They were like, they very well may have been tied to this. And then like they saw like, like honestly, it had they said this was then like this could've been really bad because of all the insiders who who got this early. That's what I said.

How can you do it just? As a law, that's. Who? Who? Made money on it, right? Who's the person who made money on this? Like if someone made mail is, who was it? Because I know for a fact, I know for a fact the group chat lost $3,000,000 yesterday, right? Yeah, like collective, it's like it was a $3,000,000 hit like to 0 like nothing even on the on the pump yesterday. Whatever. So like there? Were early buyers clearly like

this? This thing that I think it was, there's a highly tax at the start, like a 30% tax or something like that. Lower some levels. A lot of you can see people who made millions of dollars buying very, very early and selling. But it's not enough to explain like I checked the chain, like you can check on Deck Screener, it's not that much money. It's like $5,000,000. Like, look, it's not. 5 million was made in fees. I'm not saying 5 million a lot of money by the way, chat, I'm

just saying like. 5 million was made in fees and actually. Look here. Millions was was burnt in the LP as we've spoken about. This is a look at that, look at this coin, right? It's an FTV of five with a liquidity, a burnt liquidity pool of four. This is actually trading at $1 million. So who's gonna CTO this like OV? You could sell a disgusting amount of the of the of like the free flow into that and it wouldn't really even do any damage. The the actual burnt liquidity is 4X.

Some people's. The outstanding SO people lost in that people lost in the fees Med box. We made a lot as well. And then wow, look, I don't know who made money like I I, I all the influencers are saying, oh, I lost money. I don't believe in it. I've just told you my story. I actually I like I. Genuinely, I know where's I don't know where's lost half $1,000,000. People are saying that, oh, you know, I, I got a lot. No, these people who got that

contract address early. I am telling you, they would have made money. They would have no chance. They lost. I made money. No chance. Yeah, so and there's some question about like the $5 million of fees, like who owns that? I think Bags was on the space last night saying he kind of owns it, but maybe the Trump team owns it there's. A multi sig with Donnie Junior on it, apparently, allegedly. I don't want to go out there on the record and say things, but like allegedly there's a multi

sig with the thing. I think. I think what happened is like too many people knew. You're right, you guys, I agree with you too. I think we all kind of agree it's consensus almost on the timeline. Like, you know, maybe the one thing I guess bags would have done wrong is like maybe in the investors chat, you know, maybe don't like say before and then the Trump's got cold feet. But like, I don't think like these guys would have had militias.

And it's it's a it's a really weird one because it involves so much of our friends and that like the people, you know, and the core CT people. It was a really weird feeling yesterday, like when I went to zero, like everyone was like. Whoa, yeah, I think, I think there's going to be some investigations on the back of this one. I. Mean yeah, both Leonidas is on

it, both Leo XBT. But let's be honest, if, if let's say, I think what Tyler said was, was the important thing is that if he had Trump had come out and said it was, it was ours, like this is our coin, I think it would have got unbelievable amounts of FUD just because there were 5000 holders and it was trading at 150 million. Like this thing was clearly leaked to people like it's something like 78% of the suppliers owned by like 10 the

top ten holders. No, it's like 83% I think obviously this morning, like 5% is probably his He should CTO that shit anyways. It's AI. Do I dodge the bullet? Yeah. So I I bought like like 100 grand worth during the show. I filmed myself at 70 mil, 75 mil, just like you. Like you bought 70 mil at your third level. And then and then I was up like what? I was up 2X in 10 minutes, right?

And I was like, God, this is also going to 250 just like you, like just like everyone Trump's going to tweet. And then at 128 PMI had like 3 back-to-back really important meetings that I really had to focus on. And I was like, I don't want to be that guy on meetings. Like watching a chart, like I don't like it. And also I lost enough money recently as you know. And, and I was like, this doesn't and then I texted Ovid Mandos like this doesn't feel right.

Like where's the Trump tweet, right? Like what the fuck? Like it doesn't feel right. I sold it at 1:28 PM for break even. You know, 1:30 PM is when the fucking red candle happened. So dude, let me tell you, I yeah, I checked the Unchained like 1/28 at 95 mil. I think I sold 909095 but I got slipped down. So I didn't really make money. And then this thing like raised to 0 during the call I was on, I was like fuck. So it's it was definitely something rugged. The Republic.

Any I'll just put it out there. If the Trump's sell anything in crypto, just fucking look the other way. I don't care. It's just like, it's like. It's happened twice now, right? It's more than. It's similar both times. Yeah, the DJT thing makes you think about what Skelly was saying, though. He's probably called me as fuck himself. But it's just like, you know, it's just, it's, it's just wild and, and, and I don't think there's.

Going to be a coin now. Oh, he's, I don't know, dude, he he's kind of talking about something. He's like, oh, at the end, like I heard he was, they were launching a tokenized real estate project on D5. And at the end of the space of his rumble, like he talks about how people like him and like the less fortunate have not access to like banks and loans as much and that they're working on and that D5 fixes this. I think he's going to do some kind of a platform or protocol or project.

When for sure, yeah, I don't think it's. It may have a token tied to it, but it's not just going to be A at. Least their dad is smarter. He's selling fucking NFTS that give you a chance to set up the fucking. Round at least those are fair, right? Like you you everyone had the fair access to buy the trumpet NTS like whether you call them hot garbage or not. No, that's yeah, yeah, no, no, that's, that's I agree. I agree.

I mean, on the on the NFT side, it's it's, it's been it's been pretty, pretty, pretty good so far. So anyways, so that's the rugged the Republic one. Quickly, Mando, let's talk markets and I want to talk about Tyler stop, because there's quite a bit of stuff going on here, but let's get a little market update while we're here. So macro yesterday we had a very strong day.

In fact, I guess if he had the best day in over two years, mainly because the jobs figure that came out, this wasn't as bad as expected and people are getting less bearish on the idea that, you know, the world's going to end. I don't know about crypto going into the weekend after last weekend. Like people, this is a market where Iran, there's still reports that Iran's going to do some coordinated attack on Israel. Like I just, I just be close to home.

I think if you've got big risk, like it just feels like the sort of market still that people will choose to show on a weekend potentially, maybe we rip back on by Monday morning or Sunday. But I just I think it room for some more volatility here. I've been saying that for for a while. But yeah, we did have a strong day yesterday. Stocks are a little bit softer today, but yeah, it's been a

decent this rebound. The NASDAQ is kind of rebounded about 5 to 6% or 5% ish from from that recent low. So yeah, not, not that horrific. Next week we have, we have CPI, which will be, which will be quite a big deal. We spoke about that yesterday. So I think there's some, yeah, quite a key metric there. And there'll be a lot of volatility I think going into that. In terms of majors, ETH has been the best performer of the last

24 hours. Traditionally when ETH rallies versus the other two recently it's been the sort of like a bit of a local top and we've gone lower afterwards. So again, that's something that to be a slightly aware of the last like two or three last two or three sell offs have been preceded by like an ETH outperformance. I'm not saying that's a that's definitely going to happen, but just something that I picked up on when this happened.

Meme coins. They had decent ish day, but not really on Solana. So after after like the DJ. Sorry, the was it RTR thing. I think a lot of stuff was liquidated to go into it and then probably a lot of stuff was liquidated after everyone freaked out. So Mog had a better day. There was a big bar of Mog it looked like. I think the fund is called Animus maybe? Amber Group. Amber Group, sorry yeah but bought 22 million it looks like and just generally positive sentiment.

I think when ETH as we said before, like people will maybe don't even want to buy ETH, they just want to buy ETH beta and. It's really crazy, right? You're talking about 140% from the lows on Monday. It's pretty big for on in four days. Yeah, so mugs, mugs bounced.

And I think that's mainly, yeah, like I said, people people use that as the best EP to trade out there, maybe alongside Pepe, but just feel like Mog kind of has it at the moment as the main one doesn't like as we've gone live, stuff's dipped a little bit. It's on the back of the I think it's on the back of the Walter Bloomberg tweet. Like Israel braces for biggest tests of air defenses from Iran. Oh, really? OK, Yeah. So that's what I think.

I think we could be in for another weekend of of potential uncertainty, let's put it that way. And crypto just people love to short it. So. Wait, does that mean the Polymarket line's not going to hit today, Tyler? It's it's no, but it's down to 3%. So you can get 30 to one right now if it's. I think you're cooked here bro. We we hit 163 but it's as if someone knew there was a polymarket line on this. Yeah, I said. It's got a It has to close today. That was like the wilderness

thing. You never know. If it, if it rebounds, if, if the war news is cancelled, if we get a headline there, I think it's it's interesting at 33 to one. Yeah, it definitely is. And so Manda, you said the numbers are current next week, yada, yada, yada. I guess we'll see. What's this? I have a question for you, Mando. What's there is I want people to understand also selfishly myself, today's option is there's a $2.4 billion of Bitcoin, Ethereum options that

are expiring today. What would that mean? Yeah, that's kind of standard. I would say every Friday options expire. 2.5 billion is, I would say, pretty mediocre. Like when this gets high, it's like 10 billion. Like sometimes you get triple, triple option expiring at the end of the month more the end of quarter, for example, like we have one at the end of June, which was like a very big one.

Like a month and a half ago, the last Friday of June was like the monthly, weekly and quarterly option expiry. That was like a really big one. 2.5 is every Friday. Every Friday like that amount of options normally expire. OK, OK. That's cool. Just checking. Well, PEP is strong too, $3.45 billion, you'd love to see it things looking strong. It was really say TSUE, right? Are we, are we, are we cutting in a comeback? Is that what's going on?

TSA and SUI are they? Is L1 narrative a good play here? Well, I think Sui's been the strongest performer and out of the chasing pack, people have been getting more bullish on it. It's like a, it's still about seven or seven or 8 billion. But yeah people the main thing about SUI that people get bullish on is that it is quite, and I don't know the exact terminology around this obviously, but it is easier for AI to write and read the SUI

blockchain. So people see that as the the most friendly towards AI agents and potentially AI based applications. That being said, the confluence of crypto and AI has seen some of the the worst. I wouldn't say rugs but like just horrifically shit narratives in my opinion. So I'm not too sure if like people are desperate to put mix AI and crypto yet, but people do get bullish on Siri on the back of that.

It's it's in some ways it has like AB to B style blockchain angle to it kind of similar to some of the other the other ones in this space. We've got a great BD team, let me tell you that. Got to meet some other teams, the Mist and Labs team, I got to meet them in Paris during Paris Blockchain Week and we've. Also ex Facebook, right? They're the ones that were spun out of of Facebook.

I spoken to a bunch of members of their team as even like a couple weeks ago, some of our team got on with them, but they're they're good man. They're good at the the BD side and the L run there is working right. Like we it's almost like we should pick another one for next cycle, right? We don't have to bite now. But you know, last cycle I won was Ethereum. The cycles I wanted Solana. I mean, which one's going to get us 1000% return next cycle? Well, TuneIn in 2026 and we'll

find out. You know, we're not going to pick him right now. Reports are the Amber Rose are listening to fumwar. What's up Amber let you know ask on some before you launch your token, please. But I don't know, I'm seeing those comments. Yeah, I'm just I'm trying to be more active with the chat nowadays. I don't know if you guys have noticed. So if you're watching us on broadcasting live on X or YouTube, you can comment and we'll see your comments on the right side.

I'm going to try and be more active with y'all. Tyler, listen, we already went to the Jingle and stuff like that. Tell me what what are what are some of the other stuff that you've seen on the timeline today aside from the Rugged Republic scandal? Yes, we had the the big pump fund changes where they introduced the the two new changes to their mechanism. Now it's going to coin creation is going to be free and creators are going to get paid half a soul if their coin reaches the

bonding curve. So I am interested in like what this pretty big dynamic chain means for the the meme coin market. Even more coins, That's what I that's what I. Think that's probably what it means too. Was. It create before you had to pay to create a corn. I didn't know that. I think it wasn't a huge fee, but it was a small fee. And how much you pay for Epic. You had to have, you definitely had to have.

I'm just trying to remember now. You had to have like a minimum of nought .1 soul or something like that to do it. But then they ask you when you make it, do you want to buy some to stop bots? Got it. That's the thing that I I just didn't. Know what that, No, it was about $2.00. There it is. Instead of the creator having to pay about $2.00 for corn creation, this cost is not paid by the 1st buyer of the corn. Well, guys, it's not like it Yeah, I, I, it's a big change. I get it.

But it's not, it's not going to change like, does it change anything? Like it was already free, right? Big in some places as well, you know. $2.00 is come on. OK, fine. I'm not going to act like entitled $2.00 is. They think $2.00 is a lot of money. L Mayo. I think this is this means more coins man. And honestly, this means more coins. And half a soul, I mean, Tyler, talking about what this is, this is the real thing, this is the real update here.

Yeah, yeah, you get the half a soul if it completes the the bonding curve regardless of whether the coin deficit has ever helped the corner still holding. So that's interesting. So yeah, they want all coins getting the bonding curve. I don't know. I tweeted this yesterday. I, I feel like we're approaching a point in this meme coin cycle where like it's hard to buy tokens that are, that don't have any history. I said like a month. Like it's hard to buy coins that

aren't at least a month old. Like this. The, the site, it's moving just so, so fast. Like you can't even go to sleep with these new coins like even for a night anymore. And now there's just, there's just more and more incentive to speed up the creation. So. I was speaking to someone about that because someone has just come to Portugal. I went and met them for lunch and he was like, I just wanted to take the week off. And he was like, Monday the mask

market created 30 to 40%. And then yesterday Trump does a coin. You're like, you just cannot keep your eyes off this space for like, I know completely a very little value. If you've just taken the week off, you probably would have been up, but yeah. We talked about how everybody sucked into the degenerate Russell trading mentality being on CT.

The best trade is, I think even KBM tweeted about this the other day was like, I could just buy a fat bag of soul and make more money in the cycle than I would day trading, but I have to gamble like I think it was. I'm paraphrasing, but he did tweet something along those lines. Like we talked about it with Tyler on the show, I think. Yeah, yeah, since I've been #builder, that's why that honesty and without again, chilling again, that's why I moved to JLP because I was like, I can.

It just makes money when it's volatile. Cooking Ovie's in. Yeah, exactly. Like certain bags you can just chill on and I like those ones the most. Yeah. Even if it's a steak salt or like even steak deeds, like I know that hasn't been the best performer, but that there are certain things where sometimes it's just it's just easier, yeah. Of that question for you, Tyler, because I think you mentioned it yesterday, we got a question

from Fungible in the audience. Curious your guys's thoughts on Zora as a new pump fun E pump fun what? What? Did I miss something? So the Zora news from yesterday is they are partnering with Uniswap. Zora is still the primary market where you can mint launch NFTS and then they are going to be that they can be traded on Uniswap. I, I still don't, I guess I don't have a full understanding of what exactly that means to be traded on on Uniswap.

I guess my immediate reaction is like making there's, there's not real demand for this. I don't think people want the TS traded like meme coins on Dexes. Can you repeat to me what this is? I don't understand. Yeah, I'm probably not the best one to explain it, but but as I understand it, they've partnered with unit swap.

You, you meant the NFTS on Zora and then they're credible on unit swap, similar to like other products, like what NFTX, right, where you've got the liquidity pool where you can just, you can push the NFT back into the liquidity pool and and get another token or, or there's more instant liquidity for NFTS. I think we saw this kind of with the four O 4 experiment, right? And I think the experiment, I think it was worthy trying, but I don't, I don't know that there's demand for this.

We've seen enough pushback in the NFT market against M coins. They don't want NFT starting M coins. So I don't know, I, I'm not, I don't think it's going to be a, a market changer. Yeah, I mean the only NFT that's not become M coins is D Gods and seems like they're to getting some traction. It's working for him, but we talked about it yesterday. Like I don't know if it would work for like doodles or or another collection. I also thought Zora was mostly for like, art NFTS.

Yeah, that's what. I thought, I mean, Zora has reinvented itself quite a lot over the last few years, right? And and all close to that team that because that's founders who don't fucking stop. Like I love them. I think that what they're doing is awesome.

But it was originally like just a help you kind of mint your NFT, kind of like a nifty kit type of tool, like where like you could mint help you mint NFTS and stuff early, early, early on. Then it became they had the auctions daily like Nouns, but on Zora, like they built this thing. Then they started focusing on bass mostly. Then they start like all the basements were on there. And then anyone feel free to

correct me if I'm wrong. And then and then yeah, someone's saying for real, tweet D gods. I can't because my D key is broken. You physically can't AS. Space is broken. I've been, I haven't been texting people. I've been texting myself things to search in the bar here, by the way, just so you know, dedication. But let's try. OK? I'll tweet. I'll tweet D gods. Let's see what, what? What's happens when I tweet D Gods, Clark? Well, someone got swatted yesterday some D. Oh, hold on.

Have you guys, Was it real? It was right, I think it was. I think it was real. I would like to avoid that personally. Yeah, ideally, let's not get swatted, but that was fucking insane. A lot of people were saying it's not real, but like, it seemed real to me, right? Yeah, I I didn't do any research on it. No, I thought it was crazy. Jakey's content is great. I like it a lot when he's doing with SWANA. I think it's awesome. They're doing a good job. I I like it.

I feel like I feel like I I love to see the creator landscape evolve and grow in the in this industry and it's been really fun to watch over the last three years. So absolutely love to see it. Anyways, what else are we? What else are we missing? We're going to get the loot box pin soon, y'all. We're going to pick. We're going to pick two people in the audience. I've set them up. They're nice today, Tyler.

But before we go, did I miss? A couple things I didn't get to my NFTS in the so just a quick headline. So doodles another collab now with Adidas in this hyper limiter apparel and then they're going to be dropping I think the the music video today. So they keep running out the headlines. Animoca's partnering with Lambeau to help drive brand engagement. That was a fun one. Runes. Runes saw some big green on the board.

The RSIC team posted. You know that they post wants 1/4 at this point, they do something big coming. They're looking to unlock liquidity. It was a little bit of a cryptic post, I think. Expected. Their tweet ended with how they they want to be the second biggest coin by market cap after Bitcoin. And I was like, what? We are not great well. The tweets are not not proposal to market cap. I can tell you that from Epic.

I just, I just think no offense to everyone here, but I just think some people need to check themselves. You know, from my perspective from the last week, your entire group is addicted to gambling. There is no reading decision that I can see. The language is incoherent from any new corner. So I wish you luck, but there's no point in me being part of such a group. Please look after yourself and each other. Zoom out and think about what you're doing and how others do

your behavior. Yo, let's go. We gotta make. You'll need to hear that. I need to make this you know how I have the Fed button like this one In case of an invent, I'm gonna make that pasta into a button as well. I'm gonna I. Will put up on screen for everyone to. This is a copy pasta pretty much for every group I was in yesterday, yeah. I said that this morning at 8:00 AM to the boys and it was just so fucking good. I mean it is so good. It is so good.

I love that ruins I mean Tyler did I've I'm at the point where I'm just waiting for a price where I'm going to dump it all not my my ordinals. I my puppets like I I still I'm very I have a strong belief on ordinals because bitcoins store value are provenance blah blah. The same reason why I'm bullish NFTS of technology. So for me, puppets are the Bitcoin puppets of of Bitcoin, But so I'm good with that.

But the rune side, dude, I'm so over the whole pups thing, like I I like my boy farmer Joe and shit, but it's just like I'm so over this shit. Like like nothing's going to take away the salon on Unicorn casino. It's, you know. It's I don't blame you. So I think you're probably not alone out there at this point. Like I've been holding this these rune rune coins specifically for so long. We are bag holders.

We are comedians. Probably just going to wait and see whatever the hell these guys do. You're a community member. This is what you are and so am I. We are community members. But hey, you think bacon goes to 100K? What are the top five rooms at pump? I still think that RSIC and obviously dog and and again pops or some of them. So that's my hope him. That's my hope him. So if you're, if you're part of those communities with me, just know we're together community

members. Just this time around when Aunt Sam and Arthur Hayes pop your bags, sell it. I miss anthem coins. They didn't go to zero this quickly, man. At this stage, Anthem's someone tweeted. Anthem's looking like an Angel, right? That was die laughing yesterday. We at least. Got one pump, you know. At least Hobbes lasted like a fucking 3-4 days bro. You know what? I yeah, exactly right. Well at least we you could buy Hobbes at 20 mil at 50. Mil what's the best anthem coins this cycle?

Pops. Pops. Pops that other one. The win Anita Max win. Max win. That one lasted like two months bro. Vegas for a weekend. The biggest? Weekend win, win lasted win win lasted bro there. Was one more exit pump and then it was gone. There was that was the Honda 1 the. Oh, the the used car, used car, used car used car. That was a good one. That was, I can't even type decks.

What was that we have. I was just going to say that one was so. Stupid Stanley Cup that that one went went on for a. Little bit no. The Stan memes. Going for women? The Stan memes were not on from. My right side. That was the going for women. So the IT was Stan when used car like take me back to that at least. And if that's that's reminisce there a little bit, which other ones were there on the chat? If you if you remember any other coins that we need to be in chat he.

Was some old coins. He he he he showed Kikat the the base. Oh yeah, Kikat on. Base, I never understood that one. We're not talking about like current coins, but we're talking about the older like coins that actually lasted more than. Was there like a hot dog one like a Costco hot dog or something? Like a hot dog. That was a good one. It was, yeah. It's it's destined to get to $1.50. That was. The Arizona Iced Tea $0.99 was. A that was a good one. Like take me back.

I'm not one of those MF Rs, you know that the people go own take me back to NFT. There's no fuck that. But take me back to like the beginning of the cycle. We had Stan win used car and fucking Arizona iced tea and Costco hot dog. Like at least take me back to that part of the cycle because like, because these MF Rs, now they're out there making inventing fucking Trump coins, you know? We did all of Anthony's family as well at one stage. I wasn't a big fan of Anthony I

I was. I was not a big fan. That's when it starts clipping. Right. That was, yeah, that was that was when we started to know things were getting a little. Bit I wasn't a big fan of that. Let's also forget all the base memes era 'cause that was a fucking shit hole. Like that was terrible. You know, the base memes, which other ones were the you're in base, base season, Brett. Still going, Brett. Still above a billion, by the way.

Yeah. I get it, but like fucking I can't even type deck Screener on my screen. I'm trying to pull all these charts up for everyone. I can't even do it. I need someone else to but I oh, there was normie on base. I was like oh wait, normie and normilio. Normie was the hard rug, right? One of them was a hard rug. It was. A hard rug. It was a hard rug. Yeah, a hard rug actually, out of those points, one that's still around and doing good is Retardio.

Yeah, that arrow. Yeah, yeah, that arrow. I can't. I better. I mean, you know, it's like from a million years ago. I I'll check on my phone. What? Were the base coins? There was a There was a lot of base ones during base. On that. A lot of very bad ones. I think they're still probably still the top ones, right? Base coins I I I actually mid curved that like create the I thought I was so smart buying base coins What a. DGN was the. Fucking. Mochi dogging me.

Oh yeah, dogging me, Dogging me of dogging me. But. See like wow, see look at that Retardio is still $81 million, bro, like a massive massive like that's from that that's. Like crypto culture now I think at. This stage it is. I mean, yeah, you have at this stage, that one is definitely culture. Zin Zin's still going. Kind of Zin is still going, had a huge bounce from the lows.

The other, I think it touched 20 million on the Kamala crash, which by the way, I ain't calling it Kamala crash anymore. You know why? Because of Trump's, there's any more damage to us right now at this stage? Fuck, I'll take four more years of Gary Gensler over another fucking Trump coin, let me tell you that. Do you think do? You think he's lost lost CT with this? Now I don't think he lost all the CT, but let me tell you obviously I have a question for

the chat. Do you prefer four more years of Gensler or another or more trump coins like I I that's actually an honest question them asking the chat because we hit the highs despite we're we're still kicking Gary Gensler's ass, bro. OK, you saw yesterday the XRP news did this just that's crazy man. This is anyways I got to test something. Hold on, people are telling me to tweak D gods on. Me, I'm going to try the pat. AD and G so I am conflicted with D gods.

Do you put D&G capital or just D gods like all lower, lower case like I'm not going soft on Kamala Usha. I do not like them just as much. OK, I'm Canadian, I'm a cousin of the North. I live in a totalitarian left wing country. I know what it's like to live in socialism and near communism. OK, all lowercase, that high. Is that proper etiquette? What's what's the etiquette to tweet the gods? Oh, there's Frank. Hold on, let's ask him my Ro that was still going my Ro.

That was a good one. Remember when when Raj was on the show on December 29th and he was like shilling his dog and then the thing went like 200 mil? Ben Dog, there's so many of these, man. Frank Pang. Frank, he's just on stage, can't hear the guy. Wasn't guac a thing at some stage? I remember. That was a that was short lived. That's more of a that was more of a protocol. Where's Frank Coins? And stuff. No, Paul showed guac, I believe.

Yeah, what about the chicken thing that he's chilling right now? Is that doing good? Smoking chicken fish. Yeah, what was the tie between smoking chicken, fish and Trump yesterday? By the way? Some people say the same like deployer or some shit. Maybe the same dev Harold that. Was so weird I I don't have a seat I. Remember they hated Epic when it came out. I was like. That's fine, there's only 1-2 duck. Remember the duck? Yo, Frank, are you here now? There's only one fish for the

chicken fish. Frank, what's the etiquette for D Goss? Am I supposed to like have a capital D&G? It depends on the the mood that you're in. If you're just kind of chilling, you could just go all lower case. You got that. If you want to be proper, if you want to be proper, you could do the D and the capital G Yeah, I like that. But you got that nonchalant vibe right now. Then you hit the all lowercase.

Yeah, I'm definitely feeling that way, especially with my fucking I I mean, my D key is not working. I'm like I I'm literally about to smash this thing on on live on there. Your what? My my. Oh, the letter. D my D is not my what? My yeah, my you. Can just do E gods. I bet it will work too. I think like the community, they've been getting a little smarter and they can pick up if you. Want to laugh? The only letters that I can type type EGO. Ego because D gods my ASDF are

broken. So when I type, when I go to type D gods I'm not even making this up. Look at this screen. I go D doesn't work, E works, G works, O works, DNS don't work. So it just types in ego. The fuck that's crazy. Anyways, I'll do it when I buy. One I can I can send it to you. Yeah, you guys send? The and that way you can copy paste it. We're problem solving right now. You know, it's crazy. I'll do it when I buy one. How's that? Sounds good man, I. Think that's.

I got to pop out. This is a fun one. I wish I could keep going with you. Have a good weekend. Shit. All right, See you. See you, Tyler. The robot spins. We got to pick people in the audience, Mando. Oh, I'll take it. OK, how? Why don't you help us pick two people, Frank? How can we help? All right, Potha. It doesn't work like that. It doesn't work like that. It does. How do we? How do we broke?

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